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Thursday, November 14, 2024

Dogecoin Trade Goes From Meme to Reality as Donald Trump Confirms D.O.G.E

In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency.

 
A frenzied narrative that boosted dogecoin (DOGE) prices over 500% turned to reality on Tuesday — showcasing how memetic bets could be a strong trading thesis.
 
President-elect Donald Trump announced Tuesday that it had picked Vivek Ramaswamy and technology entrepreneur Elon Musk to lead a new Department of Government Efficiency (DOGE) that seeks to make government spending and administration more efficient.
 

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